Jasper decided to save $100 at the end of each month for a year and deposit it in a bank account that earns an annual interest rate of 0.3%, compounded monthly. Use the formula for an annuity, F, to determine how much money will be in the account at the end of the 6th month, rounding your answer to the nearest penny. Note: Your interest rate must be converted to a decimal

600.38

Step-by-step explanation:

just put in the answer you lazy

answer: since the question is talking about growth you have to use the growth formula which is inital amount (1 + growth)^time

step-by-step explanation:

the intial amount is 1200, the growth is 4.8, and the time is 7. plug those numbers into the equation, also i think you have to change 4.8 into a percent. but, i have forgotton how to do that. if this is a online class go on to the lesson.